*Your return depends on if, and how, the related indexes (or indices in the case of the Stock Market Advantage GIC) increase over your GIC's term. Interest will be calculated in accordance with the formula set out on the Information Statement (issued at the time of purchase, but also available on request at any CIBC branch or through 1-866-525-8622).
Interest is not guaranteed. If the indices (or index) fall, there may be no interest. Interest is subject to a participation rate, which means that you will receive a percentage of any increase; the participation rate is set when you buy the GIC. Principal is repaid at maturity.
The information in this article is general only; it is not intended as specific investment, financial, accounting, legal or tax advice for any individual.